Tag: SE Asia: Imported billet prices remain range-bound

This week, SE Asian imported billet market broadly remained silent despite fluctuating global dynamics. Owing to this, the buying bids dipped to $575-580/t, CFR levels – down by $5-10 w-o-w. Though, billet export offers for the region witnessed a rebound along with the Chinese rebar futures yesterday. However, the bids did not rebound in parallel…